Wall Street Journal columnist Brett Arends offered the opinion that as a rule of thumb, the more
Question:
Wall Street Journal columnist Brett Arends offered the opinion that “as a rule of thumb, the more complex a [financial] product is, the worse the deal.” Do you agree? Why would a more complex financial product be likely to be a worse deal for an investor than a simpler product?
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The more complex the product the more difficult it is for an investor t...View the full answer
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Muhammad Umair
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Related Book For 
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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